BOGOTA, MEXICO CITY, LIMA, SAO PAULO, DECEMBER 6, 2022 (GLOBE NEWSWIRE) — Boyden, the premier leadership and talent advisory firm with more than 75 offices in over 45 countries, is named in the Annual Global Executive Talent Survey is reporting about Respondents in Latin America are the most confident in their business and talent in the world, while revealing significant concerns about climate change.
Nearly a third of respondents, 31% in financial services and 57% in technology, are as concerned about climate change as they are about inflation.
Latin America leads the world in recognizing growth potential from net zero initiatives. Almost twice as many presidents and CEOs see net-zero initiatives as their top three growth drivers than in Europe and three times more than in North America: 15% in Latin America, 8% in Europe and North America. 5% and 0% in Asia/Pacific.
global research, Strengthen the human-centric core of Industry 5.0how can organizations thrive in a complex world of risk? Explore the risk landscape of CEOs, boards of directors, and other senior leaders, along with executive talent trends, priorities, and investments.
Latin American respondents are the most confident in the world when it comes to their organization’s growth potential, with 85% saying they are very or confident, compared to the global average of 70% and North America’s 59%. I have. Growth is driven equally by innovation and digital transformation, followed by diversification of products and services. Confidence is led by the industrial sector, with 92% of respondents saying they are very confident or confident.
Antonio Sánchez, Managing Partner, Colombia and Practice Leader for Latin America, Consumer and Retail, said: “I would be surprised if confidence has not dropped dramatically compared to early 2022, mainly due to political changes in countries such as Brazil and Colombia and significant devaluations of their currencies. We recognize that dealing with economic change is a priority for businesses and that talent needs to be receptive and adaptable to market changes.”
In terms of talent, 2021 appears to have paid off for prioritizing investments in (i) high-potential leadership development, (ii) retraining or redeploying existing talent, and (iii) recruiting new leadership talent. . We are confident that we have the right talent aligned with our strategy compared to the global average of 59%.Boarding
Seventy-three percent of respondents said they were very confident or confident in getting the right talent aligned with their strategy, compared to a global average of 62%. Having the right board profile is becoming increasingly important, with 64% of respondents expecting to invest in board evaluations, compared to 42% in 2021.
Marytere Arias, partner at Boyden in Mexico, considers her approach to talent, commenting: Managers who understand the post-pandemic realities and pursue a more agile and friendly economic model based on the value of technology and human resources..”
We are highly confident in having the right talent aligned with our strategy and our growth drivers through 2023 have been identified as (i) Innovation. (ii) digital transformation; and (iii) diversification of human capital and products or services. These are sector averages. The technology sector is characterized by human capital being the biggest driver of growth, followed by entry into new markets. Investments in human capital will focus on digital skills (robotics, AI, machine learning) as a top priority for enhancing executive skills through 2023. For ‘appropriate talent’ and ‘regional growth’.
Boyden’s partner in Brazil, Leonardo De Souza, commented: “Large groups have formed, new business models have been incorporated into traditional companies, and executives from various sectors have been attracted to this new corporate ecosystem. Many companies are still in the early stages of maturity. As such, innovation, digital advancements and a diverse executive profile are seen as key drivers for strengthening our corporate culture.”
Our concerns about climate change are reflected in our strong commitment to ESG goals. The Latin American respondent places more emphasis on his ESG initiatives than his global peers, with 22% viewing these as the top three drivers of structural change, compared to his 16% of global peers. increase. When looking at ESG in the context of company culture, Latin America leads the way globally, with 26% of respondents reporting ESG-sustainability is “deeply embedded in their culture” and 41% – report that the DEI is “involved in most business decisions.” This compares to global averages of 17% and 31% respectively. ESG commitment is the number one incentive for hiring, with 70% of respondents using it when hiring.
Read the full report: Strengthening the Human-Centric Core of Industry 5.0: Latin America.
The survey will be conducted in the second quarter of 2022, targeting senior executives of publicly cited, private/independent, private/family-owned, social enterprises and PE-backed organizations worldwide. it was done. Of the total 640 complete responses, nearly 20% are from Latin America and 21% of the respondents are Board/President/CEO. 26% are her SVP, department or country head. and 46% are functional leaders.
Boyden is a leading leadership and talent advisory firm with over 75 offices in over 45 countries. Our global reach allows us to serve our clients’ needs wherever they do business. We connect great companies with great leaders through executive search, mid-management and leadership consulting solutions. For more information, please visit www.boyden.com.
 The Fifth Industrial Revolution, also known as Industry 5.0, is a new phase of industrialization that sees humans partnering with advanced technology and AI-powered robots to enhance processes in the workplace. Source: Manufacturer. Source: https://www.themanufacturer.com/articles/the-innovation-behind-the-industrial-revolution/
Latin American business leaders most concerned about global climate change, according to Boyden survey